My Thoughts On This Quasi Bull Market 🐂🚀 (Bitcoin Fees At All Time Highs)

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Cycle peak would typically play out in Q4 2025 if we are following the 4 year cycles. This pump has came 2 years early and has really caused some pretty intense FOMO in the altcoin space. These pumps become a self fulfilling prophecy in the DeFi space because once the returns look really juicy people have to buy various assets to make pairs in liquidity pools. The more that happens the more people chase after the next thing and the next thing and the next thing.
The fees on the Bitcoin network have gotten clear up to where they were at the 69K peak in 2021 and it will get worse with all the activity from Ordinals and BRC-20s.
#bitcoin #cryptocurrencies #dogecoin #solana #ethereum


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